Disputes Drag On as Senate Republicans Try to Power Trump’s Big Bill to Passage
The fate of President Trump’s “big, beautiful bill” remains uncertain this evening, but the process to pass it is unquestionably ugly. The Senate...
Senate Bill Would Cost $3.3 Trillion and Leave 11.8 Million People Uninsured: CBO
The Senate version of the One Big Beautiful Bill Act, the massive reconciliation package that would deliver on much of President Donald Trump’s...
Americans Cut Back on Spending as Inflation Inches Higher
Consumer spending fell 0.1% in May relative to the month before, the Commerce Department announced Friday. It was the first decline in spending since...
Economy Shrank More in Early 2025 Than First Estimated
The U.S. economy shrank at an 0.5% annual pace in the first three months of 2025, a more rapid decline than previously estimated, the Commerce...
White House Releases Wildly Optimistic Growth Projections for Megabill
The White House released an analysis Wednesday indicating that the massive Republican policy bill would generate enormous growth in investment, wages...
As GOP Deadline Nears, Trump’s Big Bill Still Faces Big Hurdles in the Senate
Senate Republican leaders are running into a series of obstacles as they race to finalize their sweeping package of tax and spending cuts, with...
Consumer Confidence Resumes Downward Slide
Americans have been feeling somewhat gloomy about the economy this year, due in large part to fears of job loss and inflation resulting from President...
Senate Tax Cuts Would Cost $4.2 Trillion: JCT
The tax package in the Senate version of the reconciliation bill would reduce revenues by $4.2 trillion over 10 years, according to a preliminary...
Trump's Big Bill Would Increase Deficits by $2.8 Trillion on a Dynamic Basis: CBO
The sweeping Republican tax-and-spending bill that would deliver on much of President Donald Trump's agenda would increase deficits by about $2.8...
Americans Oppose Republicans' Big Bill by Nearly a 2-1 Margin: Polls
If the budgetary analyses of Republicans' "One Big Beautiful Bill Act" have produced some less-than-beautiful projections, the polling numbers for the...